Gould Asset Management offers investment management services to individuals and institutions, primarily through separately managed accounts. While Gould doesn't market itself as a financial planner, it offers limited consultation on investment and non-investment matters related to investment management when clients request it. Gould aims for good risk-adjusted returns with a long-term focus, using diversified portfolios and managing investment costs. They consider client objectives, risk tolerance, and tax situations when recommending strategies. Gould generally has the authority to make investment decisions for clients, and client assets are held by a third-party custodian.
Fee Structure
Gould Asset Management's fees are based on a client's investment objectives, portfolio size, restrictions, and the scope of the engagement. Fees are negotiable and may vary among clients. The maximum annual fee is 2.00%, with an additional 0.25% for certain non-standard accounts. A minimum quarterly fee of up to $750 may also be assessed.
Here are some representative annual fee rates for different investment strategies:
- Treasury Bills: 0.25%
- Quality Fixed Income: 0.50%
- Capital Preservation: 0.75%
- Diversified Income: 0.75%
- TargetReturn: 1.00%
- BenchmarkPlus: 1.00%
- Equity Index Plus: 1.00%
- Equity Dividend Growth: 1.00%
- RE LLC: 1.00%
- PE Fund: 1.00%
- Private Markets: 1.00%
- Master Limited Partnerships: 1.25%
- Global Growth & Resources: 1.25%
- Concentrated Stock: 1.25%